Although you can set up a company using your own resources, it is normally advisable to use a specialist formation agent. You first need to decide on the following:
You will need to complete the following forms:
|If you are thinking of forming a company yourself, there are many traps and pitfalls that need to be avoided. In this age of being able to form a company instantly there are a wide range of regulatory traps to watch out for as well as having to deal with the requirements of the Companies Act 2006.
Seek our advice in order to ensure your new company complies with all the key aspects of compliance.
Send the completed forms to Companies House with a cheque for the necessary fee, and the certificate of incorporation should be issued. A private company may begin trading activities from the date of issue of this certificate.
If formation agents have been involved, they will normally provide copies of the relevant documents, together with suggested minutes for the directors' meeting, a form AA01 - change of accounting reference date, and forms SH01 (Return of allotment of shares). They usually also supply the Statutory Book - a combined register, and minute book (in loose leaf or bound form), and some blank share certificates.
First meeting of directors
Once you receive the Certificate of Incorporation, you should hold a first meeting of directors to deal with the following matters:
First general meeting
A first general meeting of the company will be required:
After the first board and general meetings, you should make the following returns to the Registrar of Companies:
In special circumstances you might have to make the following returns:
Please contact us if you would like us to help you to set up a company.